Data centers are specialized facilities that house mission-critical computing and networking equipment, such as servers, storage systems, and telecommunications infrastructure. They are the backbone of the digital world, enabling the storage, processing, and distribution of vast amounts of data. India's data center industry is experiencing rapid growth, with its capacity expected to double to approximately [...]
Ace investor stocks with net profit CAGR of up to 146 percent in 3 years: do you hold any CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. [...]
Dividends are a way for companies to distribute a portion of their earnings back to the shareholders as a reward for their investment. Dividends can be an important source of income for investors, especially those looking for steady and predictable returns. They also reflect a company's financial health and profitability, often signaling confidence from the [...]
Investors prefer Public Sector Undertakings (PSUs) in India due to their stability and government backing, which reduce default risks. PSUs offer a blend of security, regular income, and potential for growth, making them appealing to investors seeking stable returns and lower risk. The Piotroski score is a discrete score that ranges between zero and nine [...]
India's defence sector plays an important role, in major investments and alliances. The sector's budget allocation for 2023-24 was at ₹4.78 lakh crore, with emphasis on modernization and indigenous manufacturing. It employs about 1.5 million people and operates in a variety of sectors such as aerospace, naval, and ground systems, all of which contribute to [...]
On Friday, the Sensex and Nifty extended their rally for the fifth consecutive day, reaching new 52-week highs supported by widespread buying in various sectors and leading stocks. However, by the close of trading, both benchmark equity indices ended the session in negative territory. The NSE Nifty 50 closed 33.90 points or 0.14 percent lower [...]
Reliance Jio announced its first tariff hike in 2.5 years on June 27th. Within 24 hours of this announcement, Bharti Airtel also raised its tariffs in a similar manner. Jio's new tariffs will see an increase ranging from 12.5 percent to 25 percent, while Bharti Airtel's tariffs will go up by 10 percent to 20 [...]
The share price of this Midcap Market leader firm hit a 20 percent upper circuit to an Intraday high of Rs 2,407.4 per share on Friday after the board of directors of the company have announced to approve the issuance of bonus shares. With a market capitalization of Rs 24,358.95 crores, the shares of Central [...]
The share price of this small-cap bank firm gained by 5.8 percent to an Intraday high of Rs 385.6 per share on Friday after Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) bought stakes in the company. With a market capitalization of Rs 6,610.68 crores, the shares of CSB Bank Ltd went up by [...]
The shares of the leading cables and wires manufacturer have fallen up to 5 percent after the company’s promoter is likely to offload a 2.04 percent stake in the company. With a market capitalization of Rs 1.01 lakh crore, the shares of Polycab India Ltd were trading in red at Rs 6,771 per share, decreasing [...]
